Investing.com – China stocks were lower after the close on Monday, as losses in the Banking, Financials and Life Insurance sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 2.55%, while the SZSE Component index fell 0.63%.
The best performers of the session on the Shanghai Composite were Teamsun Tech (SS:600410), which rose 10.04% or 1.400 points to trade at 15.350 at the close. Meanwhile, Broadcast & Tv (SS:600831) added 10.03% or 1.100 points to end at 12.070 and Hangshang (SS:600774) was up 10.02% or 1.300 points to 14.270 in late trade.
The worst performers of the session were Bank Of Comm (SS:601328), which fell 10.06% or 0.700 points to trade at 6.260 at the close. Lucky Film (SS:600135) declined 10.01% or 1.310 points to end at 11.780 and Start Group (SS:600734) was down 9.99% or 0.980 points to 8.830.
The top performers on the SZSE Component were Dalian Huarui Heavy Industry Group Co Ltd (SZ:002204) which rose 10.07% to 8.20, Wuhan Tianyu Info Industry (SZ:300205) which was up 10.05% to settle at 12.05 and AVCON Information Tech (SZ:300074) which gained 10.04% to close at 8.44.
The worst performers were Chengdu Huasun Group Inc Ltd (SZ:000790) which was down 10.03% to 9.15 in late trade, Joyoung Co Ltd (SZ:002242) which lost 10.02% to settle at 16.80 and Thaihot Group Co Ltd (SZ:000732) which was down 10.02% to 21.56 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 682 to 255.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 17.12% to 55.47.
Gold for December delivery was up 0.01% or 0.10 to $1121.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.00% or 0.46 to hit $45.59 a barrel, while the October Brent oil contract fell 1.19% or 0.59 to trade at $49.02 a barrel.
USD/CNY was up 0.18% to 6.3671, while EUR/CNY rose 0.21% to 7.1006.
The US Dollar Index was down 0.02% at 96.23.